Sweden - Direction Finding Compasses - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDirection Finding Compass Price in Sweden - 2023
Contents:
- Direction Finding Compass Price in Sweden (FOB) - 2022
- Direction Finding Compass Price in Sweden (CIF) - 2023
- Direction Finding Compass Exports in Sweden
- Direction Finding Compass Imports in Sweden
Direction Finding Compass Price in Sweden (FOB) - 2022
In 2022, the average direction finding compass export price amounted to $12 per unit, reducing by -7.5% against the previous year. Over the period under review, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 110% against the previous year. The export price peaked at $32 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($16 per unit), while the average price for exports to Canada ($7.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.5%), while the prices for the other major destinations experienced a decline.
Direction Finding Compass Price in Sweden (CIF) - 2023
In August 2023, the average direction finding compass import price amounted to $5.5 per unit, growing by 33% against the previous month. In general, the import price posted a measured increase. The most prominent rate of growth was recorded in February 2023 an increase of 452% m-o-m. As a result, import price attained the peak level of $25.5 per unit. From March 2023 to August 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From September 2022 to August 2023, the rate of growth in terms of prices for China amounted to -0.3% per month.
Direction Finding Compass Exports in Sweden
For the fourth year in a row, Sweden recorded growth in overseas shipments of direction finding compasses, which increased by 42% to 348K units in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 57% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, direction finding compass exports skyrocketed to $4M in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Direction Finding Compass in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 830 | 672 | 689 | 923 | 3.6% |
Norway | 751 | 876 | 830 | 892 | 5.9% |
Germany | 258 | 217 | 291 | 503 | 24.9% |
France | 287 | 82.5 | 207 | 247 | -4.9% |
Poland | 47.5 | 73.8 | 89.7 | 234 | 70.2% |
Spain | 97.0 | 43.9 | 136 | 222 | 31.8% |
Netherlands | 68.5 | 74.5 | 47.8 | 177 | 37.2% |
Denmark | 72.2 | 94.5 | 98.5 | 154 | 28.7% |
Finland | 72.3 | 73.9 | 116 | 152 | 28.1% |
Canada | 138 | 102 | 61.1 | 92.6 | -12.5% |
Japan | 63.6 | 57.0 | 59.5 | 46.9 | -9.7% |
Others | 289 | 239 | 440 | 370 | 8.6% |
Total | 2,974 | 2,605 | 3,066 | 4,013 | 10.5% |
Top Export Markets for Direction Finding Compass from Sweden in 2022:
- United Kingdom (83.3K units)
- Norway (67.7K units)
- Germany (52.7K units)
- Spain (20.9K units)
- France (17.7K units)
- Finland (16.5K units)
- Poland (16.1K units)
- Denmark (13.2K units)
- Canada (12.6K units)
- Netherlands (11.4K units)
- Japan (5.0K units)
Direction Finding Compass Imports in Sweden
In 2022, the amount of direction finding compasses imported into Sweden surged to 520K units, rising by 41% against the previous year. In general, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, direction finding compass imports contracted to $3.6M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 23%. As a result, imports attained the peak of $4.1M. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Direction Finding Compass in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,595 | 1,306 | 1,877 | 2,154 | 10.5% |
Denmark | 1,111 | 1,078 | 1,408 | 565 | -20.2% |
Germany | 10.7 | 10.4 | 10.8 | 154 | 143.2% |
United States | 199 | 201 | 102 | 139 | -11.3% |
Others | 406 | 1,477 | 440 | 544 | 10.2% |
Total | 3,322 | 4,072 | 3,838 | 3,555 | 2.3% |
Top Suppliers of Direction Finding Compass to Sweden in 2022:
- China (470.5K units)
- Germany (16.7K units)
- Denmark (9.0K units)
- United States (1.6K units)
This report provides an in-depth analysis of the direction finding compass market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26511120 - Direction finding compasses (including magnetic, gyroscopic, b innacle and position finding)
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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